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VIG in Line with Expectations
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Group premiums of the Austrian insurance group grew by 5.5 percent to more than € 2.7bn. Increase in Group profit (before taxes) by 6.0 percent to € 151.4m.
VIG in Line with Expectations / Picture: © Vienna Insurance Group / Robert Newald
“Our assumptions for the current financial year have been confirmed by the business data for the 1st quarter of 2012”, explained Günter Geyer, CEO of Vienna Insurance Group. “We observe a very differentiated situation in our markets. In general, we continue on our growth path and succeeded in increasing our profit despite the difficult economic environment by 6.0 percent. It is…
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